Tag Archives: ESG software

The Environment Ranks Highest as an ESG Priority for those Surveyed in Europe

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New research from Intelex of EHS and ESG professionals in Europe finds that more than half of organizations surveyed are prioritizing environmentally focused ESG activities ahead of other ESG-related considerations.
New research from Intelex of EHS and ESG professionals in Europe finds that more than half of organizations surveyed are prioritizing environmentally focused ESG activities ahead of other ESG-related considerations.

Doing good for the planet is emerging as the primary area of environment, social and corporate governance (ESG) focus for those tasked to manage the progress of ESG initiatives in their organizations, according to recent research conducted across Europe by Intelex.

The environmental aspect of ESG consumes more attention than either of social or governance elements, according to a 2022 survey of more than 700 environmental health and safety (EHS) and ESG professionals from 10 European countries, including the UK, Ireland, Germany, Austria, Switzerland, France, Sweden, Norway, Denmark and Finland.

The third section of the report, Engaging Workers Growing Business and Protecting the Planet, reveals more than half of organizations surveyed are prioritizing environmentally … Read more...

Research Shows ESG and EHS Connect People, the Planet and Profits

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Recent Intelex research reveals the companies that a customer chooses to do business with, in addition to how these organizations treat employees, people and the planet are interconnected considerations with a significant impact on the future success of an organization.

The research report, Engaging Workers Growing Business and Protecting the Planet, reveals the common thread that ties these considerations together, according to those surveyed, is the application of environment, social and governance (ESG) criteria and environmental health and safety (EHS).

The report, commissioned by Intelex, surveyed more than 700 EHS and ESG professionals from 10 European countries, including the UK, Ireland, Germany, Austria, Switzerland, France, Sweden, Norway, Denmark and Finland.

The second chapter of the report, The Business Impact of Getting it Right (or Wrong), examines how doing the right things can have far-reaching consequences and affect everything from how easy it is for an organization to attract … Read more...

Lessons from the U.S. Army Climate Change Strategy

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As the threat of climate change becomes a reality, the world will become a more dangerous place. To meet this challenge, the U.S. Army has released its first climate change strategy.
As the threat of climate change becomes a reality, the world will become a more dangerous place. To meet this challenge, the U.S. Army has released its first climate change strategy.

One doesn’t usually think of the military as being concerned primarily with sustainability. However, the U.S. Army is proving that climate change preparation is necessary for every organization by releasing its first ever Climate Strategy. The strategy emphasizes making the Army more adaptive and resilient to a changing world while decarbonizing its operations in line with the government’s overall approach to meeting climate reduction targets.

This approach will be an important component of a strategy designed to increase the Army’s self-sufficiency and maintain its operational superiority in the face of climate-related disruption. The U.S. Army generates more pollution than 140 of the countries in the world, which means its sustainability efforts will make a significant contribution to international … Read more...

Earth Day & Emissions: Net Zero Needed by 2050 to Limit Global Warming

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Emissions must be dramatically reduced within this decade and decline to net zero by 2050 to limit global warming to 1.5 degrees Celsius.

If you follow this blog, you’ve heard us mention our support of efforts to eliminate death on the job by 2050. These efforts are part of the Work to Zero initiative from the National Safety Council. Funded by the McElhattan Foundation, Work to Zero is making innovation more accessible by helping employers explore the value of safety technology and how to determine an organization’s readiness for adopting new technology solutions.

But eliminating death on the job isn’t the only “zero” we’re thinking about. On April 5, the Intergovernmental Panel on Climate Change (IPCC) released the third part of its Sixth Assessment Report, Climate Change 2022: Mitigation of Climate Change. The other parts of the report is AR6 Synthesis Report: Climate Change 2022 and AR6 Climate Change 2022: … Read more...

How the War in Ukraine Is Impacting ESG and Supply Chain

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Business resiliency and crisis management are more critical than ever, and supply chains that can adapt quickly to global disruption by developing diverse supplier relationships should become the norm and not the exception.

Russian’s invasion of Ukraine on February 24, 2022 marked a radical shift in global geopolitics. Almost two years after the COVID-19 pandemic caused unprecedented global disruption, the rapid changes across Eastern Europe has further demonstrated that the world as it existed in 2019 is over.

As Blackrock’s Larry Fink has pointed out, the era of globalization that we’ve come to consider the natural order of things over the last 30 years is over. Only time will tell what the implications of these events will be. In the meantime, organizations will have to come to terms with new ways of working in a world in which cataclysmic disruptions can happen in a day and change the global landscape … Read more...

#IWD2022: Championing Climate Action, by Women and Girls, Is Key To Saving Our Planet

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Every year, Intelex celebrates International Women’s Day. The theme for International Women’s Day 2022 (March 8, 2022) is “Gender equality today for a sustainable tomorrow.” It recognizes the contribution of women and girls around the world who are leading the charge on climate change adaptation, mitigation and response in an effort to build a more sustainable future for all. 

According to the organizers of IWD, advancing gender equality in the context of the climate crisis and disaster risk reduction “is one of the greatest global challenges of the 21st century.” The issues of climate change and sustainability have had and will continue to have severe and lasting impacts on our environment and on economic and social development.

Those who are among the most vulnerable and marginalized experience the deepest impacts. Women increasingly are being recognized as more vulnerable to climate change impacts than men, as they constitute the majority … Read more...

How AI Helps Connect ESG With Your EHS Systems

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As public awareness rises around such issues as the environment, human rights and ethical corporate governance, companies are increasingly looking to communicate their progress on these fronts to investors, prospective customers, regulators and the general public.

Collectively known as Environmental, Social and Governance (ESG), these non-financial factors have become a key focus of reporting for organizations, which realize that it is no longer simply about the bottom line. Investment decisions are increasingly based on how much an organization is doing to create a safe, sustainable and just world. What’s more, regulatory bodies are now requiring such reporting by law.

As such, getting their reporting right on ESG is crucial for companies that want to win new business and satisfy today’s socially conscious investors.

Enter Artificial Intelligence

A key component of a firm’s overall ESG performance is their record on Environmental, Health and Safety (EHS) achievements. Are they doing enough to … Read more...

Black History Month 2022: Zee Ndlovu: Never Be Afraid to Ask for Help

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ESG is a movement that ensures we create world of equal opportunities and safer environments not only for Black people but for people from all walks of life.
Zee Ndlovu: Within the EHS landscape, ESG (Environmental, Social, Governance) has become an undeniable force. This is a movement which ensures that businesses help create an equal world of opportunities and safer environments not only for Black people but for people from all walks of life.

Black History Month is an annual observance originating in the United States. It has received official recognition from governments in the United States and Canada, and more recently has been observed in Ireland and the United Kingdom.

Join us every Monday in February as we show our support of Black History Month by spotlighting four of our Black employees. Hassan Joseph, Jade Shortt, Zee Ndlovu and Tatiana Gomes discuss their roles at Intelex, the reasons why they entered the tech field, their mentors and what inspires them. Please join us every Monday to celebrate Black History Month and diversity at Intelex.

This week, … Read more...

External Materiality and ESG: What You Should Be Looking For

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Material risk management, or materiality, is a concept that is growing in importance as companies try to determine the material threats to their business.

As a business leader thinking about operational risk, do you consider internal risks first? For example, when considering operational risk, are regulatory compliance, talent retention or catastrophic asset failures resulting in production shutdowns top of mind? When you consider external risks, do you land on those that are most obvious, such as shifts in regulatory burdens, currency fluctuations, competitive threats, etc.…? (The list goes on and on.)

Like most leaders, you probably pay attention to ongoing issues, while staying as up to date as possible about evolving challenges and threats to the business so you aren’t caught off guard.

The problem with this approach is that it leaves an organization in an inherently vulnerable position. It’s hard to truly stay up to date. External risks are … Read more...

5 ESG Policy Trends Changing Business: Now What?

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For business leaders, ESG data informs all decision-making processes – capital allocation, budget setting, cash flows and forecasts.
For business leaders, ESG data informs all decision-making processes – capital allocation, budget setting, cash flows and forecasts.

Until today, Environmental, Social, & Governance (ESG) has been defined mostly by voluntary practices, as the key policymakers (market authorities as well as national and international regulators) adopted a “sit and stare” approach and let the markets decide how to deal with ESG. 

The tide has turned, with jurisdictions now racing to introduce strict mandatory requirements that bind companies to contribute to the public policy goals governments are setting in relation to climate specifically and ESG more broadly.

What’s Changed? 

These developments have deep implications for companies, investors, and financial markets. Let’s look at five main policy trends that are significantly reshaping business: 

1. No more ESG standards alphabet soup – While new niche frameworks and guidelines will always pop up (let’s keep in mind that ESG evolves constantly), the European Union (EU) mandatory Sustainability Reporting … Read more...